US sales of new single-family houses in April 2018 were at a seasonally adjusted annual rate of 662,000, according to estimates released jointly today by the US Census Bureau and the Department of Housing and Urban Development.
This is 1.5 percent (±11.8 percent) below the revised March rate of 672,000, but is 11.6 percent (±23.7 percent) above the April 2017 estimate of 593,000.
The median sales price of new houses sold in April 2018 was $312,400. The average sales price was $407,300.
The seasonally-adjusted estimate of new houses for sale at the end of April was 300,000. This represents a supply of 5.4 months at the current sales rate.